BASE SALARIES AND ANNUAL INCENTIVE PLAN TARGETS FOR CERTAIN EXECUTIVE OFFICERS
Contract Categories:
Human Resources
- Bonus & Incentive Agreements
EX-10.3 4 dex103.htm BASE SALARIES AND ANNUAL INCENTIVE PLAN Base Salaries and Annual Incentive Plan
EXHIBIT 10.3
BASE SALARIES AND ANNUAL INCENTIVE PLAN TARGETS
FOR CERTAIN EXECUTIVE OFFICERS
Executive Officer | New Base Salary* | Percentage Increase from 2004 | 2005 Annual Incentive Plan Target Percentage** | ||||||
W. Matt Ralls | $ | 420,000 | 5.0 | % | 65 | % | |||
James L. McCulloch | $ | 340,000 | 4.6 | % | 65 | % | |||
Marion M. Woolie | $ | 335,000 | 4.7 | % | 65 | % | |||
Roger B. Hunt | $ | 315,000 | 5.0 | % | 60 | % |
* | These base salaries do not go into effect until April 1, 2005. |
** | Expressed as a percentage of annual base salary. |